Hi Christian Schacht first up apologies for the delayed response, per brajan's post above. Leaving the hub powered on and running throughout the night seems to have resolved the "advanced options" icon not appearing. Thanks.
Hi brajan, unfortunately I've yet to find the root cause as well as a permanent fix. The only method which I've found to work for me to clear that particular error is to simply restart the hub. Though having said that, it is not a guaranteed fix and does tend recur from time to time. Googling around did not turn up any concrete solutions either. FYI this only happened once the new Teams Room client got pushed. Hub account is also configured correctly per the account creation guide (account excluded from MFA/2FA, password rotation disabled etc). I have my suspicions that this issue could be caused by the teams client failing at modern authentication, though having said that my test account is a full cloud account which should not pose an issue with modern authentication. How to use Modern Authentication on Surface Hub | Microsoft - YouTube
Really hoping Microsoft's Hub department can step-up and resolve this issue, it honestly does not reflect well from a client's standpoint when faced with this issue and there's not concrete answer or fix. Bad enough that BMR image is outdated and client's end up having to wait around for cumulative updates to push.